75
75
tv
eye 75
favorite 0
quote 0
and as a partisan elect the official in senate, there are things that i can do. but i can do more to take that positive message around the country and build coalitions with governors and organization, to prove to people to show them, that these ideas of make their lives better. i don't think that we've done a good enough job of doing that, this is an urgent time, i feel we can't wait another few years, i first intended to make politics my career, i have limit my term, this is just a good opportunity to elevate my gain. neil: did this is anything to do with you becoming a skunk at your own party's picnic, a lot of tea party's frustrated on what appears to be a hatchetting of tea party types in the house that tapper tarp that brought, -- tea party that brought your party to majority in the house. >> sense -- the senate is different, now i'm in senate with pat tumi and marco rubio, and soon to be ted cruz. neil: you are in a bigger minority now. you are not feeding the beast i'm throwing at you. there is a riff, that everyone is, you saw this page, that everyone is
and as a partisan elect the official in senate, there are things that i can do. but i can do more to take that positive message around the country and build coalitions with governors and organization, to prove to people to show them, that these ideas of make their lives better. i don't think that we've done a good enough job of doing that, this is an urgent time, i feel we can't wait another few years, i first intended to make politics my career, i have limit my term, this is just a good...
176
176
tv
eye 176
favorite 0
quote 0
his successor, whoever she names, will have to run in 2014 in a special election. that person and senator lindsey graham will both be running at the same time in 2014 and south carolina. dagen: very interesting. dan henninger. thank you very much. connell: it is time for the fha to get in the hot seat. shaun donovan appearing before the committee. dagen: it begins with 3.5% down. that is your down payment if you need an fha loan. peter barnes standing by with more. peter: a bailout is coming. the housing secretary cannot rule it out. he is highly concerned that there may be one. they found it has a 13.6, pardon me, $16.3 billion capital reserve shortfall. they say it is too soon to say whether the fha will need any money from the treasury. they are increasing fees and making other changes to avoid a bailout. >> it is time to get serious reform for fha. if it is not too late already. right now, the question is quickly becoming not if, but when. peter: the final accounting would be done at the end of fiscal year 2013. the administration says it will not signal his in
his successor, whoever she names, will have to run in 2014 in a special election. that person and senator lindsey graham will both be running at the same time in 2014 and south carolina. dagen: very interesting. dan henninger. thank you very much. connell: it is time for the fha to get in the hot seat. shaun donovan appearing before the committee. dagen: it begins with 3.5% down. that is your down payment if you need an fha loan. peter barnes standing by with more. peter: a bailout is coming....
114
114
tv
eye 114
favorite 0
quote 0
i listen to speaker boehner say the day after the election, revenue is on the table. the american people want to compromise and make washington work. he said it again and put out a specific offer. all we have heard frm the president is a hard-line was no negotiation on the tax side and not one word about the entitlement reforms that would ha to match that for this plan to make any sene. and it is that absence of lead on the spending side and unwillingness to make compromises that will actually get deals done and have washington auction again that i think our marks against this lame-duck session lou: you have projected, the action form has projected 10 million prospect of possibly 10 million people losing jobs, 10 percent unemployment. a 4% reduction in gdp if we go over that cliff. correct? >> that is absolutely right. i mean, this is a big tax increase. it's a big spending cut. more mportantly, if you look at the debt ceiling debate, we saw a sharp drop in consumer confidence and we saw that today in the december number. a sharp drop in consumer confidence, and you a
i listen to speaker boehner say the day after the election, revenue is on the table. the american people want to compromise and make washington work. he said it again and put out a specific offer. all we have heard frm the president is a hard-line was no negotiation on the tax side and not one word about the entitlement reforms that would ha to match that for this plan to make any sene. and it is that absence of lead on the spending side and unwillingness to make compromises that will actually...
55
55
tv
eye 55
favorite 0
quote 0
dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired the bi shot hollywood agency william morris to represent him in the next phase of his career. william morris is run by r.e.m. manuel, the brother of chicago mayor and the inspiration for the character ari goldman the
dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired the bi shot hollywood agency william morris to represent him in...
70
70
tv
eye 70
favorite 0
quote 0
are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with this legislation. >> there are rumors that michigan can become the 24th rights work state in the nation. he gives workers the ability to choose whether or not to pay a union and without rights or protections, they can actually get the worker fired in a union if they choose not to gerri: i understand there are some five groups of unions to protest what you're trying to do. what you make of that? >> they are protesting what they think may be an imminent right to work bill introduced in michigan's capital in lansing. gerri: lets get what we always talk about on the show. that is the
are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with...
125
125
tv
eye 125
favorite 0
quote 0
elections haveonsequences. at that right now. lou: i think we all agree about consequences. certainly. your thoughts on this? does it looto you right now like we are going to avoid this fiscal clif? the president, but the brilliant idea? it's interestinhow he does this. he initiates an ultimatum and the goes passi aggressive on everyone and withdraws from the field. it's really a bizarre and intriguing strategy whicch obviously has completely confounded republican eaders. >> yes, and the polls show that the american people are proud and -- probably ging to blend republicans now matter what happens. lou: slightly. >> therefore i think that is what you're seeing with president obama's attitude here. lou: does irritate you to think that they are going to blame the republicans denied republicans are basically saying, you know, we are going to step back because you're going to blame us instead of coming up with an answer, a rejoinder to the president's going after them. and they don't have a strategy. they don't have a mesage. they don't want anybody to think badly of them. >> he
elections haveonsequences. at that right now. lou: i think we all agree about consequences. certainly. your thoughts on this? does it looto you right now like we are going to avoid this fiscal clif? the president, but the brilliant idea? it's interestinhow he does this. he initiates an ultimatum and the goes passi aggressive on everyone and withdraws from the field. it's really a bizarre and intriguing strategy whicch obviously has completely confounded republican eaders. >> yes, and the...
66
66
tv
eye 66
favorite 0
quote 0
melissa: republicans lost five house seats in the november election and admitted to wanting to get it done before the legislature takes office next month. unions may not like it. it is proorkers pro-growth, pro-employment, pro-economy. you name it. good for them. still to come my two cents more on barney frank's next career move. it is a shocker. will it be a merry little christmas for the stock market? scott martin will tell us whether santa will bring a bull or a bear a what 2013 has in store for us. ♪ . melissa: "fox business alert" for you now. tflix is facing scrutiny over a facebook post by its ceo. listen to this. securities & exchange commission recommending action be brought against ceo reed hastings. he posted hisonline video, viewing exceeded one billion hours for the first time ever in june. information how the company was performing. the sec says that information should have been disclosed in a regulatory filing or news release. shares of netflix rose more than 6% on the day ofhe post and another 13 points on the next trading day. in response to the sec notice hastings
melissa: republicans lost five house seats in the november election and admitted to wanting to get it done before the legislature takes office next month. unions may not like it. it is proorkers pro-growth, pro-employment, pro-economy. you name it. good for them. still to come my two cents more on barney frank's next career move. it is a shocker. will it be a merry little christmas for the stock market? scott martin will tell us whether santa will bring a bull or a bear a what 2013 has in store...
95
95
Dec 10, 2012
12/12
by
FBC
tv
eye 95
favorite 0
quote 0
the dow and s&p 500 gained post-election day tumble. the dow climbed 13 points for its fourth straight game. >>> more trouble for once untouchable apple. jeffries cut its price target by 100 bucks down to $480 a share. shares fell by more than half a percent on the news. >>> now on to our top story. tonight is taxes and how hard we are all about to get hit. there are already a trillion in tax increases baked right into the obamacare law and that means upper being in earners will see billions of dollars in tax hikes as it is. for democrats it is not enough. with republican lawmakers backing off the pledge not to raise taxes looks like tax hikes for the wealthy are certainty. joining for more, grover norquist, president of americans for tax reform. thanks so much for joining us. >> absolutely you say a lot of people are missing the fact that obamacare baked in a ton of tax hikes for wealthier americans as it is? >> people talk about the fiscal cliff as if it is one thing. it is three. there's the obamacare taxes. to pay for obamacare were
the dow and s&p 500 gained post-election day tumble. the dow climbed 13 points for its fourth straight game. >>> more trouble for once untouchable apple. jeffries cut its price target by 100 bucks down to $480 a share. shares fell by more than half a percent on the news. >>> now on to our top story. tonight is taxes and how hard we are all about to get hit. there are already a trillion in tax increases baked right into the obamacare law and that means upper being in...